Dow Jones (DJIA) Today: United Technologies (UTX) Lags

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer..

The Dow Jones Industrial Average ( ^DJI) is trading down 177.0 points (-1%) at 17,721 as of Monday, Jun 15, 2015, 9:36 a.m. ET. During this time, 17.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 352.5 million. The NYSE advances/declines ratio sits at 552 issues advancing vs. 2,220 declining with 196 unchanged.
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Holding back the Dow today is United Technologies (NYSE: UTX), which is lagging the broader Dow index with a $2.72 decline (-2.3%) bringing the stock to $114.88. This single loss is lowering the Dow Jones Industrial Average by 20.59 points or roughly accounting for 11.6% of the Dow's overall loss. Volume for United Technologies currently sits at 347,324 shares traded vs. an average daily trading volume of 3.3 million shares.

United Technologies has a market cap of $105.33 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 2.3% year-to-date as of Friday's close. The stock's dividend yield sits at 2.2%.

United Technologies Corporation provides technology products and services to building systems and aerospace industries worldwide.

TheStreet Ratings rates United Technologies as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, largely solid financial position with reasonable debt levels by most measures, notable return on equity and increase in stock price during the past year. We feel its strengths outweigh the fact that the company shows low profit margins.

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